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The Oriel Wind Farm
Established to sustainably develop offshore wind farms in Ireland, the company's first project is the development of the Oriel Wind Farm in the Irish Sea. This is planned to be the first fully operational commercial wind farm in Irish waters.
The Oriel wind farm project area is located in the Irish Sea off the coast of County Louth, to the East of Dundalk Bay. The Oriel location was chosen, following an extensive review of sites in the Irish Sea, as being a suitable site on which to develop an offshore wind energy project. The windfarm will have a capacity of up to 375 MW which will provide a significant contribution to the renewable energy target for Ireland.
The project is being jointly developed by Parkwind NV and ESB. Since April 2024, Parkwind has been operating as part of JERA Nex, the renewable energy subsidiary of JERA Inc, one of the largest power generational companies in the world.
Parkwind currently operates five wind farms that have a total of 1 GW of production capacity. In the space of a few years, Parkwind has become globally recognized for its technical and business expertise as well as its shareholders commitment towards a sustainable future. As one of the few companies that finances, develops and operates its wind energy farms, Parkwind has managed to expand operations internationally with rapidly growing teams based in Belgium, Germany, Ireland, the UK and Asia.
ESB is Ireland's foremost energy company and the largest supplier of renewable electricity in Ireland. ESB is majority owned by the Irish Government. The Oriel project is the ESB’s first investment in offshore wind in Ireland. The company has previously acquired stakes in the Galloper and Neart na Gaoithe offshore wind farms in the UK.